Looking for markets with MFs in the $100-120 range

[Matt Charette]

I'm based in Massachusetts and most of our cities with fair markets only have high priced MFs in the $500k+ range. I want to make my first deal, but it would take me several years to be able to make the leap. 

I'm considering out of state, but I think I'd need turnkey with a property manager. Could anyone give me some guidance on where to target and possible contacts even? 

[Gualter Amarelo]

Matt Charette hello and great inquiry. In regards to the Fall River markets unemployment rate, it is completely unrelated to our rental strength. I own and manage over 30 units here in the city and have no problem filling my units and having tenants pay their rent online and on time. Average rents currently range between $850-950 on the city and the average 3 family sales price is $225k.

If you are interested in shopping the area and discussing property management, send me a private message and I can get you more information and answer any of your questions.

What also may interest you or anyone looking to invest in Fall River for the abundant cashflow opportunities, I hold a REIA every second Thursday of the month at my real estate office at 6pm located at 552 N underwood st, Fall River, MA.

Cheers to our success!